In a dramatic turn of events, Neogen Corporation finds itself embroiled in a class action lawsuit, accused of misleading its investors during a crucial merger with 3M Company’s Food Safety Division. The lawsuit, filed on behalf of shareholders, aims to recover losses incurred between January 5, 2023, and June 3, 2025, due to alleged securities fraud.
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The complaint alleges that Neogen’s leadership painted an overly optimistic picture of the merger’s progress, issuing statements that misrepresented the true state of affairs. Investors were led to believe that the integration was seamless, but in reality, it was fraught with inefficiencies. Even when these issues came to light, the company reportedly downplayed their significance, assuring stakeholders that they were on top of the situation.
For those who have suffered financial setbacks due to these developments, there is a pathway to seek redress. Affected shareholders are encouraged to visit the provided link to understand their rights and explore recovery options. Participation in this legal action comes with no cost or obligation.
Levi & Korsinsky LLP is dedicated to representing all plaintiffs seeking justice in this case. With over two decades of experience and a track record of securing substantial settlements for shareholders, they stand ready to represent investors in this complex case.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171